Barnes & Noble Education Reports First Quarter Fiscal Year 2025 Financial Results

BNC First Day Program Revenues Increased 32%

Recent Initiatives Expected to Drive Over $10 Million of Go-Forward Savings

BASKING RIDGE, N.J., Sept. 10, 2024 (GLOBE NEWSWIRE) -- Barnes & Noble Education, Inc. (NYSE: BNED), a leading solutions provider for the education industry, today reported sales and earnings for the first quarter ended on July 27, 2024. The following figures are GAAP results from continuing operations on a consolidated basis, unless noted otherwise. Note that Adjusted EBITDA is a non-GAAP calculation. Full quarterly financial tables and a reconciliation of non-GAAP measures to the most applicable GAAP measures can be found in the Investor Relations section of BNED’s website at https://investor.bned.com and its Current Report on Form 8-K filed with the SEC on the date of this release.

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